City of Columbia Heights Awards Financial Services Contract to Alatus Columbia Heights Ii LLC (February 2026)
City of Columbia HeightsCity · Columbia Heights, MN- Disclosed value
- Approximately $7.635 million (Series 2026A TIF bonds)
- From agenda
- Approved
- Feb 2, 2026
The 30-second brief
The Columbia Heights Economic Development Authority approved a Development Assistance Agreement with Alatus Columbia Heights II LLC for Phase 1 of a mixed-use redevelopment at 4300 Central Avenue NE. The deal includes approximately $7.635 million in permanent TIF bonds to refinance prior financing and support a 275-unit multifamily housing project with structured parking.
Alatus Columbia Heights Ii LLC holds this financial services contract with City of Columbia Heights.
Term as filed: Phase 1 multifamily project with permanent TIF bond financing; term tied to TIF bond amortization (not specified).
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Contract details
- Contract type
- Financial Services
- Amount
- Approximately $7.635 million (Series 2026A TIF bonds)
- Document date
- February 2, 2026
- Term
- Phase 1 multifamily project with permanent TIF bond financing; term tied to TIF bond amortization (not specified)
- Agency
- City of Columbia Heights
- Source document
- 2026-02-02 Economic Development Authority Agenda (Agenda)
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Questions about this contract
Who was awarded the financial services contract by City of Columbia Heights?
Alatus Columbia Heights Ii LLC was awarded this financial services contract by City of Columbia Heights, as recorded on February 2, 2026. The contract value is Approximately $7.635 million (Series 2026A TIF bonds).
How much is the Alatus Columbia Heights Ii LLC contract with City of Columbia Heights worth?
The Alatus Columbia Heights Ii LLC contract with City of Columbia Heights is valued at Approximately $7.635 million (Series 2026A TIF bonds), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in 2026-02-02 Economic Development Authority Agenda (Agenda), dated February 2, 2026 from City of Columbia Heights. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Alatus Columbia Heights Ii LLC hold?
Alatus Columbia Heights Ii LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Columbia Heights currently buying?
Explore City of Columbia Heights's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.